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Defi Market Cap Drops 25.1% in One Day: Proponents Say Tokens Self Correcting


The latest data from Santiment shows that the collective market capitalization of all defi-related assets dropped by 25.1% on October 7, while daily trading volumes went down 30.2%. The data also shows popular defi tokens like Sushi took heavy knocks after dropping by 50.9% during the week. Also...

P2P Bitcoin Trading Drops in Argentina Amid Torrid Times for Fiat Peso


Source: Adobe/Rochu_2008 The bitcoin (BTC) boom in Argentina appears to have hit a bump in the road, with peer-to-peer (P2P) BTC volumes dropping in Argentina in the past few weeks – despite a wretched month for the Argentinian peso. As previously reported, 2020 has been a breakthrough year...

BitMEX Open Interest Drops, Withdrawals Increase


The troubled major crypto derivatives exchange BitMEX has seen large drops in both open interest, and bitcoin (BTC) balances held on the platform. Following the news last week that three owners of BitMEX and five related companies charged with operating an unregistered trading platform...

Gold Rises, Bitcoin Drops as Trumps Test Positive for COVID-19


Donald Trump. Source: a screenshot, Instagram/realdonaldtrump US President Donald Trump confirmed that he and First Lady Melania Trump have both tested positive for COVID-19. Following the news, bitcoin (BTC) dropped and gold rose in the markets. The President and the First Lady reportedly...

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